UAE capital still one of most dynamic real estate markets in the world

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CORONAVIRUS IMPACT

Organisers report 85% space already sold for Cityscape Abu Dhabi 2009

The economic slowdown and the corrections to global property prices are failing to dampen industry enthusiasm for an international real estate exhibition and conference to be staged soon in the United Arab Emirates.

According to the organisers IIR Middle East, available exhibition space at Cityscape Abu Dhabi 2009 – which takes place at the Abu Dhabi National Exhibition Centre from 19 – 22 April – is already more than 85% sold and the event has the support and sponsorship of some of the region’s biggest real estate players.

Cityscape Abu Dhabi will bring together regional and international investors, architects, designers, developers, government authorities, key decision makers and senior executives involved in the design and construction of both public and private real estate developments.

Running alongside the exhibition is the Real Estate Finance and Investment Conference, featuring more than 100 speakers from the world’s leading finance, investment and real estate companies. The conference will be an exciting forum for in-depth discussion on the current market challenges and for formulating cutting-edge strategies during these turbulent times.

The remarkable development made by the Middle East & North Africa’s real estate sector will again be on full display at the Cityscape Middle East Real Estate Awards marked with an Awards gala dinner that will be attended by industry leaders on April 19, 2009.

The gala event, traditionally staged on the first evening  of Cityscape Abu Dhabi, attracted over 500 local and international guests in 2008 eager to see who will be selected as the ‘best of the best’ in the region.

Awards are divided in to the main categories of Architecture and Development and all entries will be judged on contribution to world architecture culture, invention and imagination, respect for people, the planet, context, environmental awareness and appropriateness in the Middle East & North Africa region.  In some categories, entries will be separated into Built Projects (those already complete) and Future Projects (those incomplete or still on the drawing board).

The Awards are open to industry professionals and companies in the Middle East & North Africa region namely Algeria, Armenia, Bahrain, Egypt, Iran, Iraq, Jordan, Kuwait, Lebanon, Libya, Morocco, Palestine, Oman, Qatar, Saudi Arabia, Sudan, Syria, Tunisia, Turkey, United Arab Emirates and Yemen. For each project entered, candidates must submit: a completed Awards nomination entry form, a 100-word brief outline of the project (in word document), a 500 -1000 word Award synopsis with supporting facts and figures (in Word document) and images of the scheme (300 dpi, PDF, JPEG or TIFF format).

Headline sponsor is Mubadala Real Estate & Hospitality. Platinum sponsors are Aldar Properties, Sorouh Real Estate, Al Qudra Real Estate, The Land Holding, Qatari Diar and Burooj Properties. The Investment sponsor is Abu Dhabi Investment House. Associate sponsor is the Abu Dhabi Department of Municipal Affairs. Gold sponsors include Tameer Holding Investment and Al Maabar International Investments..

For more details about all aspects of Cityscape Abu Dhabi, please visit www.cityscapeabudhabi.com

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